SVB Registration Process in India: Customs Valuation Explained

Description

The SVB registration process is a commonly used term for the customs valuation review of related-party imports in India. The Special Valuation Branch (SVB) examines whether the relationship between an Indian importer and its overseas supplier has influenced the declared transaction value. During an SVB investigation, customs authorities may examine import agreements, pricing records, invoices, transfer pricing documents and other supporting information. Importers may also need to respond to valuation-related queries and explain how transaction prices are determined. Understand SVB customs procedures helps businesses prepare accurate documentation, address valuation concerns and manage customs compliance. Companies involved in related-party imports may seek SVB advisory in India to better understand the investigation process and applicable valuation requirements.